Latest Oil And Gas News

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Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.
Maxwell Dee
Maxwell Dee
25 July 2025
IPB Petroleum has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, allowing more time to progress the Gwydion oil discovery and explore the Idris prospect. The company is actively pursuing partnerships and funding to unlock value from these assets.
Maxwell Dee
Maxwell Dee
24 July 2025
Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.
Maxwell Dee
Maxwell Dee
24 July 2025
Winchester Energy Limited’s shares have been suspended from ASX trading due to a failure to meet director requirements under the Corporations Act, raising questions about its governance and future compliance.
Maxwell Dee
Maxwell Dee
23 July 2025
Condor Energy has secured a 12-month extension for its Technical Evaluation Agreement in Peru’s Tumbes Basin, underpinning its exploration and commercialisation plans backed by significant prospective oil and gas resources.
Maxwell Dee
Maxwell Dee
23 July 2025
Strike Energy has announced a strategic placement and share purchase plan raising up to A$103 million to advance its core Perth Basin gas projects, backed by a significant investment from Carnarvon Energy. This funding underpins key developments targeting first production by late 2026 and a final investment decision for West Erregulla.
Maxwell Dee
Maxwell Dee
22 July 2025
Whitebark Energy has completed a crucial cultural heritage survey at its Alinya Project, paving the way for soil geochemistry testing aimed at unlocking hydrogen, helium, and hydrocarbons in one of Australia’s largest undrilled sub-salt structures.
Maxwell Dee
Maxwell Dee
21 July 2025
Helios Energy is making tangible progress restarting production at its Presidio Oil Project in Texas, while strategically enhancing its US-based technical leadership to support future growth.
Maxwell Dee
Maxwell Dee
21 July 2025
Patriot Battery Metals has announced a maiden Mineral Resource Estimate for the Rigel and Vega caesium zones at its Shaakichiuwaanaan Project, defining the world’s largest pollucite-hosted caesium deposit. This discovery positions the company as a potential key supplier of caesium, a critical mineral with rising demand in emerging solar technologies.
Maxwell Dee
Maxwell Dee
21 July 2025
Noble Helium appoints Dennis Donald as Executive Chairman and secures a $200k loan to accelerate its North Rukwa helium project, backed by positive technical reviews.
Maxwell Dee
Maxwell Dee
21 July 2025
Omega Oil & Gas has secured a $7.3 million refundable R&D tax offset for FY23, bolstering its financial position and supporting ongoing development of its promising Canyon Project in Queensland.
Maxwell Dee
Maxwell Dee
21 July 2025
Vintage Energy has addressed an ASX compliance issue related to the timing of its May 2025 securities issuance, confirming reliance on its placement capacities to maintain regulatory adherence.
Maxwell Dee
Maxwell Dee
17 July 2025